Bellatrix Exploration Ltd. provided production guidance and earnings guidance for the year 2017. The company’s Board of Directors has approved a net capital budget of $105 million in 2017.  The 2017 net capital budget is designed to achieve production growth of over 10% (exit 2016 to exit 2017) and annual average production of 33,500 boe/d. Bellatrix anticipates directing approximately $70 million of its net budget to drilling and completion activity; $13 million towards its share of the construction of Phase 2 of the Bellatrix O'Chiese Nees-Ohpawganu'ck deep-cut gas plant at Alder Flats (the ‘Alder Flats Plant’); $7 million in land and other minor infrastructure projects; and $15 million in other capital (capitalized general and administrative costs, capitalized interest, and other minor capital investments). Funds flow from operations is expected to be $100 million or $0.4 per basic share.